About Company:
The company was started on July 10, 1950 by two private Italian investors i.e. Mr. Hippocrates and Mrs. Clio Georgiadis as a private limited liability Company. The Company's ownership has changed hands over time. Currently it is a public liability company owned by private citizens after privatization in 1999. UCL is currently listed on the Uganda Securities Exchange (USE), the biggest shareholder being National Social Security Fund (32.5%) followed by National Insurance Corporation (18.7%).